Fiat denies press report on liquidity probe

MILAN, Oct 8 (Reuters) - Italian carmaker Fiat saidon Monday it was not aware of an alleged probe by stock marketregulator Consob into its liquidity position and said anysuggestion that its cash pile was lower than reported in itsstatements was false.

A report in Rome-based daily Il Messaggero said Consob wastrying to determine the "size and purpose" of Fiat's cash pile,which the carmaker has put at 22.7 billion euros.

Consob declined to comment.

"Fiat, like other listed companies, regularly receivesrequests for information by Consob on several issues (includingliquidity) to which it regularly responds, but it is not awareof any "investigation" as reported by the journalist," Fiat saidin a statement.

"Any suggestion that Fiat may not have the liquidity statedin its financial statements is false and will be treated as suchby Fiat," Fiat said.

(Reporting By Silvia Aloisi)

((silvia.aloisi@thomsonreuters.com)(+39 02 6612 9723))

Keywords: FIAT/

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